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...Universal, which controls a third of the world’s music, last month stopped licensing its music to TikTok after a year of tense negotiations....
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...Last year, the business bought companies including US-based music production software manufacturer Harrison, whose music-mixing consoles have been used to record songs by artists from Michael Jackson to...
...Universal Music has filed a copyright infringement lawsuit against artificial intelligence start-up Anthropic, as the world’s largest music group battles against chatbots that churn out its artists’ lyrics...
...the group’s previous expansion efforts....
...Music executives have expressed concern that fraud and clutter have proliferated on streaming services, taking royalty money away from record labels and artists....
...Bank of America has had a go at estimating how much The Tortured Poets Department, Swift’s latest album, is worth to Universal Music Group, her record label since 2018....
...Swift’s 11th compilation record has smashed records since its release on Friday, selling 1.6mn US album-equivalent units in one day, according to data group Luminate, which previously operated as Nielsen...
...Universal Music is the largest record company, controlling about a third of the world’s music....
...Taylor Swift has reinstated her music on TikTok, putting her at odds with her own record label, Universal Music, which went to war with the social media group in February, muting her songs and the rest of...
...Revenue from TikTok makes up just 1 per cent of Universal’s revenue, it added. Warner Music, the third-largest record company, last year announced it had struck a new deal with TikTok....
...Bumpitrage efforts — where shorter-term activism can boost takeover offers — yielded positive results at deals for tobacco group Swedish Match and UK software group Aveva....
...Universal Music, the industry leader that is valued at more than $50bn on the stock market, is home to Rodrigo, who signed with Universal’s Interscope Records in 2020....
...Deep down in a press release about Universal Music and little-known investor Dundee acquiring songs owned by the private equity group, it was put plainly: “KKR will exit [its music catalogue] Chord upon...
...Weiss left for rival Universal in 2011, and Stringer took over from Doug Morris as boss of the group in 2017....
...Pophouse’s chief executive Per Sundin was previously managing director of Universal Music Sweden and president of Universal Music Nordics from 2008 to 2019....
...Warner, the third-largest music group after Universal and Sony, said the approach was preliminary and non-binding, and that it had asked for a limited amount of information to conduct due diligence with...
...Other music groups are experiencing similar slowdowns....
...Well, I actually think that crossover is a wonderful word because there is nothing more fantastic than treating music as one universal language.”...
...Although it’s been inspiring to see Jenny Box leading KKR’s side of a recent transaction with Universal Music Group, the staggering gender imbalance across the board has been upsetting....
...This comes after Universal Music in October warned that it would be introducing a “cost savings program” in 2024....
...businesses, Universal Music Group, two years ago....
...Spotify and Netflix, the pioneers of streaming for music and television, respectively, have entered a more mature phase for their businesses....
...Cutting Edge Group (CEG), a music financier, publisher and record label based in London, has secured $500mn from a syndicate of four banks, led by US lender Fifth Third Bank and Northleaf Capital....
...In a case study, Unwritten analysed BHP, an Australian mining group with significant coal and copper holdings....
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